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Stock Market & Financial Investment News

News Breaks
December 27, 2012
08:21 EDTGNRCGenerac estimates raised for Ottomotores acquisition at Canaccord
Canaccord raised Generac estimates following the closing of the Ottomotores acquisition. The firm expects the deal to allow Generac quick penetration into the Latin American market and sees plenty of opptorunity for synergies. Shares are Buy rated with a $38 price target.
News For GNRC From The Last 14 Days
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July 2, 2015
10:04 EDTGNRCHigh option volume stocks
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10:00 EDTGNRCOn The Fly: Analyst Downgrade Summary
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08:15 EDTGNRCGenerac downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill downgraded Generac to Underperform and lowered its price target to $33 from $43. The firm reduced estimates following its latest dealer survey and said it sees margin pressure continuing into 2H 2015 given high inventories and headwinds from rental customers. Additionally, BofA/Merrill expects Generac's push into global Commercial & Industrial to drive multiple compression.

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